(Alliance News) - Stocks in London opened lower, as the sell-off prompted by Tuesday's hotter-than-expected US inflation data persisted into Wednesday's session. Read More
(Alliance News) - Stocks in London closed lower on Tuesday as markets locked in the expectation of a 75 basis point hike from the US Federal Reserve next week, following a US inflation print which topped forecasts. Read More
(Alliance News) - Shares in Ocado Group PLC took a hit on Tuesday, compounding a difficult year thus far for the online grocer, after a profit warning for its retail joint venture arm. Read More
(Alliance News) - The market mood was upbeat on Tuesday, heading into a key US inflation release, with investors hopeful the reading will show a further easing of price pressures. Read More
(Alliance News) - UK grocery price inflation has hit a record pace, prompting customers to switch to low-cost supermarkets and own-label ranges, according to survey figures from data analytics firm Kantar. Read More
(Alliance News) - Ocado Group PLC reported sales growth for Ocado Retail Ltd in its third quarter, but warned that online shoppers are checking out with smaller baskets and seeking value-for-money items due to the cost-of-living crisis in the UK. Read More
(Alliance News) - A mixed bag of UK PMI readings weighed on stocks in London on Tuesday, offsetting gains from oil majors as concerns over Russian energy supply lifted commodity prices. Read More
(Alliance News) - UK grocery price inflation reached its highest level in nearly 15 years, according to figures from data analytics firm Kantar. Read More
(Alliance News) - Stocks in London were buoyed on Wednesday by softening US inflation, raising hopes that the Federal Reserve will be less aggressive in its tightening when it meets next month. Read More
(Alliance News) - Ocado Group PLC on Thursday promoted Chief Operating Officer Mark Richardson to chief executive officer of its new business unit aimed at extending Ocado's product range into new market sectors. Read More
(Alliance News) - Shell on Thursday said earnings surged by two-thirds in the first half of 2022, as the oil major continued to benefit from a sharp rise in oil prices following Russia's invasion of Ukraine. Read More
(Alliance News) - Ocado Group PLC faces well-documented headwinds in its retail arm, though its tech offering, its "long-term driver", is growing in strength, analysts at Berenberg believe. Read More